since the coronavirus pandemic led to widespread business closures across the United States. The shape of the economic recovery is a popular guessing game on Wall Street with economists and pundits suggesting everything from a "V" to a "W" toThe better-than-expected jobs report follows a series of other recent data points that have shown a quick recovery from their pandemic-era lows and point to a V shape.
Mobility data from Apple showed that requests in directions for driving and walking had nearly recovered to pre-pandemic levels by June 1. The increase in travel demand has extended to flying as well, with major airlines announcing this week that they are
Free Newton's pair
In 2008 GeorgeWBush and Henry Paulson solved the bank liquidity problem. In 2009 Obama/Biden dropped a new normal on the country. In 2020 realDonaldTrump put out a safety net to protect the economy. Waiting in the wings is JoeBiden with scissors. tt:JimCramer1 lizpeek
Wait till the Robinhood geeks get caught in the flush down. They will crying for another stimulus check. Who buys a company with 800 mil market cap and 9 billion in debt. Bad things are going to happen
Correction: The V-shaped recovery of the 5 companies dominating the index is a total mirage of reality. It's a currency failure. If you really want to understand what's going on, read this.
The jobs report was erroneous. Try to catch up.
20000 new cases a day with over a thousand Americans dying daily... everyday... Do not buy this narrative... They are only trying to bolster the economy at the potential expense of people's lives.
Still pushing the 'better than expected jobs report' that was verified BULLSHIT even reported by CNBC. SMH does anything matter anymore?
V-shaped for Corporate America and billionaires who were, once again, 'bailed out'
And to the chagrin of liberals...
Trump already has the economy booming incredible!
CNBC publishes financial propaganda like this all the time. STARE UNTIL YOU SEE THE SAILBOAT (it’s a schooner) CNBCLies
video creds to onlinekyne
Stop. Just stop.
y’all gotta pay close attention to your graph, ITS EXTREMELY MISLEADING!!!!
looks like someone doesn’t know calculus!
What a load of BS
That is because we have the best president we have ever had in decades and he will not let Americans down! Trump 2020!
CNBC doesn’t challenge Dept labor as they are a useless covering this subject
TomJSeiple see anything wrong with this graph 😂
Now you’re the only MSM channel still publishing this FakeNews. Time for SEC_enforcement to ShutDownCNBC
😬 bad news
The market is having a V shaped recovery, NOT the economy. It is not the same thing.
Considering the fact that the economy was shut down abruptly a V recovery makes sense, see the deepstate had plans to keep it shut down so they could manipulate the election, plan failed economy recovering beautifully open your 👀 it was by design 😉staged events
out here insulting everyone’s intelligence..... again
Massage the data to make that V-shape show up 🙃
Bubblevision!
cnbc seriously wtf is wrong with you? This chart sucks.
PPP loans.
This is one of the worst data visualization misrepresentations I have ever seen.
You consider over 16% unemployment (including the 5 million that the govt says it miscounted) as a sign of a V-shaped recovery?
JoelCRosenberg 2 days after the error was announced yet is still using the incorrect 2.5M figure ?
CNBC hates Main St
You run this repeatedly knowing the numbers were false!! You have no credibility or accountability whatsoever!! And you just don’t give a damn!! You have a political message you are by god going to deliver to deceive the people!!! WOW!!! CNBC = Fox News
As if posting this trash graph yesterday was bad enough, they double down the very next day. Becoming unwatchable...
The numbers were fudged, read the fine print!
COME ON
Have to UnFollow CNBC
CNBC = fakenews
Reported for chart crime
Wrong number?
Ummm if you lose 20 million and add 2.5 it does not go back to zero. I think its something like 17.5 or something idk my math is kinds wonky.
Why did the economists project to have recession deeper than one in 1929?
Shame on you
Make America great again!!!
These numbers are wrong they missed 4.9 million people that should of been classed as unemployed if you read the note at the bottom of the report and you have been informed about this so why are you still posting these figures
-18m over two months and you are calling it a v-shaped recovery. You also trade on Robinhood?
Really? So there is no recovery needed according to this chart? Do you do any in-house research or even try to verify this?
I cannot believe you are publishing this misleading chart again. You are 🤡
Yay. Recession is over. Yippee. Time to party! 🤗
Lol, CNBC keeps tweeting this dumb graph. I hope everyone knows that this graph is EXTREMELY misleading, and BS. 42,6 million unemployed last thursday, yet they want us to believe that there has been created 2,5 million “new” jobs... It’s so embarrassing
hpititiminisky Bollockz
THIS IS A LIE CORRECT YOUR STORY NOW
THIS IS A FALSE STORY CORRECT IT NOW.
I live in Italy I have many friends in america and of this Jobs report none of them have been included. interesting. So what are the jobs?
they hired more police officers to control the people..
So many losers
If the economy is so wonderful, why is the Fed providing unlimited liquidity? Why the continued need for trillions in bailouts? Why the artificially low interest rates? They keep operating in emergency mode while telling us all that everything is great.
Everyone hates you for this blatantly misleading chart you post over and over. Pricks
This chart only proves one thing. CNBC doesn't read these comments telling them that the chart is misleading.
More green shoots? 👍🏼🇺🇸🙏🏻 America
This chart is not informative. We are not stupid.
CNBC won’t rest until the last retail dollar is shoved into the casino.
This headline and graph are deeply misleading and irresponsible. The US lost 40M jobs in Mar-April and only gained 2.5M back (only 6% of the jobs lost). At this rate it will take 16 months just to replace the jobs lost. That’s not a “V” recovery.
More CNBullshitC
'Miscalculation error.'
Brrrrrrrrrrrrr
How do you keep posting this?
How many times are you gonna post this piece of disinformation?
Paging andrewrsorkin to yell at this chart for being a Trump admin shill
According to this chart the number of new Jobs are 22,5 million. FAKE NUMBERS!!!
OOPS! The “better-than-expected jobs report” included a note saying there had been a major “miscalculation error” indicating that the unemployment rate should actually be about 16.3%... NOT the widely reported 13.3%.
🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣 rrrrrrright. wink, wink, nudge, nudge.
jesserpound this is a very misleading graph. Is it yours or BLS?
Are you seriously posting this again This is embarrassing how you’re trying to portray this data.
That great and beautiful V
It’s not because you post it 200 times that your chart will eventually make sense. Actually it proves that you simply don’t care about facts and your audience.
You should be embarrassed for publishing this. The fact that you are not says everything.
THIS FUCKING CHART AGAIN?
Trump rocks. 20 million jobs.
The numbers were FAKE!!!!
I hate to say it, fake news
FFS, fire the dude who made this graph, immediately.
The V graph in this story is hysterical and misleading. The 20.7 mil jobs lost in April sadly are still lost. The 2.5 mil gained seems to not reflect that. There is no V recovery when over the past two months 20 mil are lost and 2 are regained. Shit math Shit graph Shit reporting
Its a strong recovery, and the Fed deserves a lot of credit. People want to get outside after the shutdowns, and businesses will re-open and people will start consuming
More permabullshit from you charlatans
Let's hope it's not a W.
IT’s A Wet Dream !
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